Skip to main content

Dry Creek vs Meadows

Property investment comparison - Dry Creek, SA 5094 vs Meadows, SA 5201

Head-to-head across core investment metrics: Dry Creek wins 1, Meadows wins 3. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.

MetricDry CreekMeadows
Median house price$1.0M$1M
Median unit price-$325K
Gross rental yield (houses)2.61%3.66%
Gross rental yield (units)3.09%6.44%
1-year house growth-+13.8%
3-year house growth-+43.0%
Vacancy rate0.7%1.1%
Population2321,717

Dry Creek vs Meadows: what the numbers say

The median house price is $1.0M in Dry Creek and $1M in Meadows, so Meadows is the cheaper entry point, with Dry Creek houses about 4% dearer.

On cash flow, Meadows leads: houses there return a gross rental yield of 3.66%, compared with 2.61% in Dry Creek, a gap of 1.05 percentage points.

Rental vacancy is 0.7% in Dry Creek and 1.1% in Meadows, so landlords in Dry Creek face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Meadows is the bigger suburb, with a population of 1,717 against 232, roughly 7 times the size of Dry Creek; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Meadows for rental income, Meadows for a lower purchase price, Dry Creek for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

Keep exploring

Compare any 2-4 Australian suburbs

Build your own multi-suburb comparison with the full interactive tool.

Open interactive comparison
Dry Creek vs Meadows: Property Investment Comparison (2026)